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Going after Goldman Sachs

Tue, 20 Apr 2010 00:00:00 -0700

The Hindu - Apr. 20 (Opinion) - On April 16, the U.S. Securities and Exchange Commission (SEC) filed a civil suit against the world-renowned investment bank Goldman Sachs, alleging fraud; if intentional fraud emerges, the case could be sent to criminal prosecutors. This is the first time the regulator has taken action against a Wall Street institution for capitalising on the collapse of the U.S. housing market, which triggered the global economic crisis in 2008. Specifically, the SEC accuses Goldman Sachs of failing to tell customers that investments offered by the bank were supported by very risky mortgages in an already overpriced U.S. housing market.

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UPA insensitive to sufferings of common man: BJP

Mon, 19 Apr 2010 00:00:00 -0700

The Hindu - By Sujay Mehdudia - Apr. 19 (News) - harging the Congress-led United Progressive Alliance government with failure to check the unprecedented price rise and protect the interests of the common man and the poor, the BJP on Sunday announced a “March to Parliament” ( Sansad Chalo) and a protest rally on April 21 in the capital.

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Bringing Dharavi to life

Tue, 30 Mar 2010 00:00:00 -0700

The Hindu - By K. Gopalan - Mar. 30 (Review) - In fact etched in one's mind are pictures of dirt, squalor and disease when one thinks of ‘Asia's largest slum.' What else would you expect when you pack in 700,000 people into 1.75 sq.km without any high rises? But then, what makes Dharavi tick? How have some of its citizens survived for four to five generations? And how does the new entrant adapt to surroundings which have been described by many as clearly inhumane?

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What is happening in Pakistan?

Mon, 22 Feb 2010 00:00:00 -0800

The Hindu - By K. Subrahmanyam - Feb. 22 (Opinion) - There are underlying worries whether in exchange for cooperation in fighting the Afghan Taliban and the other terrorist groups Pakistan would have obtained U.S. and NATO promises to get their mediatory intervention on the Kashmir issue. First came the

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The working of the reset policy

Wed, 03 Feb 2010 00:00:00 -0800

The Hindu - By Vladimir Radyuhin - Feb. 03 (Opinion) - A year after the new United States administration promised to “press the reset button” on ties with Russia, the two nations have reversed the dangerous slide towards confrontation, but are yet to bring about a real turnaround in bilateral relations that are plagued by a gruesome lack of trust.

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Destabilising step: Pakistan

Tue, 28 Jul 2009 00:00:00 -0700

The Hindu - By Nirupama Subramanian - Jul. 28 (News Report) - INS Arihant, India’s newly inducted nuclear-powered submarine, has drawn a sharp reaction from Pakistan.

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Scientists demand global action to preserve water

Wed, 20 May 2009 00:00:00 -0700

The Hindu - May. 20 (News Report) - An international group of scientists from the US, India, China and Britain, in a declaration, have said that melting glaciers, weakening monsoon rains, less mountain snowpack and other effects of a warmer climate will lead to significant disruptions in the supply of water to highly populated regions of the world.

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Iran not producing weapon-grade uranium: IAEA

Sun, 22 Feb 2009 00:00:00 -0800

The Hindu - By Atul Aneja - Feb. 22 (News Report) - Iran has not converted the low-grade uranium that it has produced into weapon-grade uranium, inspectors belonging to the International Atomic Energy Agency have said. The Austrian Press Agency quoted an IAEA expert as saying that the uranium substances that Iran has produced at its Natanz enrichment facility have been carefully recorded and remote cameras have been installed to supervise part of the stockpile.

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Father matters

Thu, 05 Feb 2009 00:00:00 -0800

The Hindu - Feb. 05 (News Report) - “I want my daughter to attend school but her father has to agree’, is a common reaction in most mothers that we come across,” Sudha Parthasarathy, Executive Director, Deepalaya, relates her first-hand experience of working in the field of girl child education. Like Sudha, many involved with the campaign would agree that a large number of young girls in this country do not go to school because their fathers think it is not worth it. In a patriarchal set-up like ours, men are still the decision-makers of their families. This, unfortunately, has been a roadblock in the emancipation of many women on different fronts. And one typical example is in imparting basic education in young girls, mostly from poor families.

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Israeli troops surround Gaza city

Mon, 12 Jan 2009 00:00:00 -0800

The Hindu - By Atul Aneja - Jan. 12 (News Report) - Israel has begun reinforcing its forces in Gaza by sending its reservists into combat with the Palestinian group Hamas which is battling the invading force heading towards the densely populated Gaza city.

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Why the United States got it wrong

Thu, 11 Dec 2008 00:00:00 -0800

The Hindu - By P. Sainath - Dec. 11 (Opinion) - It is worth learning this: Al-Qaeda was the biggest beneficiary of the “response” of the United States to 9/11 alongside U.S. corporations. America’s “War on Terror” produced far more terrorism in the world than there had been prior to that response.

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Pakistan and the Lashkar’s jihad in India

Tue, 09 Dec 2008 00:00:00 -0800

The Hindu - By Praveen Swami - Dec. 09 (Opinion) - How events develop from here will settle the question of whether the Lashkar is, in fact, a non-state actor—or a covert instrument of the Pakistani state.

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Planning for inclusive development

Tue, 09 Dec 2008 00:00:00 -0800

The Hindu - By Arjun Sengupta - Dec. 09 (Opinion) - Although the Indian economy is very large, its growth over the last 20 years was confined to only a small fraction of the population — catering to roughly 23 per cent of the people. It has bypassed the other 77 per cent.

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The Mumbai that didn’t make the news

Thu, 04 Dec 2008 00:00:00 -0800

The Hindu - By Siddhartha Deb - Dec. 04 (Opinion) - It may be because I’ve never lived in Mumbai, but when news of last week’s horrifying siege began to filter through on television and the internet, I found it hard to reconcile myself to the idea that the Taj, the Oberoi and even Cafe Leopold are places that define everything Mumbai stands for.

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Text of the PM's address to the nation

Thu, 27 Nov 2008 00:00:00 -0800

The Hindu - Nov. 27 (News Report) - “Dear Citizens, The dastardly terror attacks that took place in Mumbai last night and today leading to the loss of many precious lives and injuries to many others have deeply shocked the nation. I strongly condemn these acts of senseless violence against innocent people, including guests from foreign countries. I offer my deepest condolences to the bereaved families and sympathies to those injured. The Government will take all necessary measures to look after the wellbeing of the affected families, including medical treatment of injured.

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One emotional, incandescent moment

Thu, 06 Nov 2008 00:00:00 -0800

The Hindu - By P.Sainath - Nov. 06 (Opinion) - The impact of Barack Obama’s win on the sentiments and aspirations of millions of Americans from the minorities, particularly African Americans, is enormous and impossible to measure.

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International / India & World : “LTTE does not represent Tamil community”

Wed, 08 Oct 2008 00:00:00 -0700

The Hindu - By B. Muralidhar Reddy - Oct. 08 (Investigative Report) - COLOMBO: Sri Lanka has counselled India and others concerned about the situation in the island country and welfare of Tamils to ‘perceive marginalisation of the LTTE in the correct perspective’ and not to be ‘influenced by malicious propaganda’ against the military campaign of the government targeting the Tigers.

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Crisis in the Caucasus

Mon, 11 Aug 2008 00:00:00 -0700

The Hindu - Aug. 11 (Editorial) - Georgia's adventurism in attacking and attempting brutally to take military control of the breakaway region of South Ossetia had zero chance of success, given the geopolitical circumstances. Within three days, it announced it had pulled out to avoid a "humanitarian catastrophe," although Russia has disputed this. Rarely in the modern history of conflict has there been military provocation of this kind against a great power in a context of such extreme mil itary imbalance. Georgia, a transcontinental nation that became part of the Soviet Union in 1922 and declared independence as a result of the break-up of the Soviet Union in 1991, is estimated by Jane's to have 26,900 military personnel against Russia's 641,000; 82 main battle tanks against 6,717; 139 armoured personnel carriers against 6,388; and seven combat aircraft against 1,206. Its military achievement has been to devastate Tskhinvali, the South Ossetian capital, kill more than 2,000 civilians (most of them Russian citizens), and create 34,000 refugees, according to Russian and South Ossetian estimates. Russia maintains a peace keeping force in South Ossetia under a 1992 agreement and the Georgian attack, which took place when the world's attention was focussed on the Beijing Olympics, killed 13 Russian soldiers and injured more than 150. Unsurprisingly, Moscow's military response has been swift and overwhelming, involving ground forces, combat aircraft, and warships on a scale that made the three-day 'war' a no-contest.

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Profits and livelihoods

Fri, 01 Aug 2008 00:00:00 -0700

The Hindu - Aug. 01 (Editorial) - After nine days of hard negotiations, which at one stage were seen heading towards an unprecedented breakthrough, the trade talks at Geneva collapsed leaving all those who champion multilateral trade deeply disappointed.

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Metro terrorism

Mon, 28 Jul 2008 00:00:00 -0700

The Hindu - Jul. 28 (Editorial) - The serial bombings in Ahmedabad and Bangalore, which have taken a toll of over 50 lives and injured more than 150 people, form part of a sequence of attacks that have demonstrated just how dangerous the terrorist threat to India's major cities continues to be.

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Dastardly attack

Wed, 09 Jul 2008 00:00:00 -0700

The Hindu - Jul. 09 (Editorial) - The resurgent Islamist movement, which is vigorously pursuing a policy of destabilisation on both sides of the Durand Line, would always fancy a strike against the assets of a country that is among the largest donors to Afghanistan's reconstruction efforts.

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Russia returns to Afghanistan, on request

Thu, 26 Jun 2008 00:00:00 -0700

The Hindu - By Vladimir Radyuhin - Jun. 26 (News Analysis) - There is a rich irony in the fact that the U.S., which fought a proxy war against the Russian forces in Afghanistan from 1979-1989, is now asking Russia to help NATO combat the same mujahideen who were armed and trained by Washington to fight the Russians.

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Managing Pakistan-U.S. relations

Wed, 25 Jun 2008 00:00:00 -0700

The Hindu - By Talat Masood - Jun. 25 (Opinion) - Supporting military rulers and simultaneously passing legislation that requires the U.S. President to certify that Pakistan is making progress in its democratic evolution exemplify Washington's mixed and contradictory policies. Nonetheless, owing to a Democrat-dominated Congress and the likelihood of a Democratic President at the White House, there could be greater support for democracy in Pakistan.

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Sainath decries 'corporate hijack' of media agendas

Sun, 04 May 2008 00:00:00 -0700

The Hindu - May. 04 (News Report) - A dangerous shift in the moral universe of the Indian media towards corporate agendas has led to the failure of the media in adequately reporting events like the current crises in food, agriculture and labour, Ramon Magsaysay award winner P. Sainath said here on Saturday. "Good journalism has to be judged by how relevant it is to the great processes of our time... I don't include Shilpa Shetty, the IPL and Lakme India Fashion Week as part of these processes," said Mr. Sainath, who is also the Rural Affairs Editor of The Hindu. He was addressing the Class of 2008 graduates of the Asian College of Journalism at their convocation ceremony.

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Will war lead to peace in Sri Lanka?

Tue, 22 Jan 2008 00:00:00 -0800

The Hindu - By Ram Manikkalingam - Jan. 22 (Opinion) - Sri Lanka's phoney peace is over. By abrogating the Ceasefire Agreement (CFA) with the Liberation Tigers of Tamil Eelam, the Sri Lankan government has finally proclaimed what has been a reality for two years -- the effective end of the ceasefire brokered by the Norwegians six years ago.

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